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the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president saying i want that rate hike. the republicans are saying mr. president, we'll give you the revenues, but not through a rate hike, but the president believes he won the election and he's upped the ante. says he wants twice as much in tax revenues than a year and a half ago, so the president believes he has the higher ground. i think maybe the democrats have a deeper trench, if you will. they have public on their side. but if you talk to people in washington, there's still this sense that at a last minute, reason will prevail, but there's not a lot of optimism. you know this and my colleagues know this, more and more people are talking about the threat. not only if you don't deal with this, you'll send the united states back in a recession, but that the global economy is teetering. they're in their political vaults and maybe blind to the political stakes. >> ken, let me share something from pimco's bill g
is flawed. >>> house speaker john boehner says he has no progress report on fiscal cliff talks because there is no progress to report. told reporters yesterday, president obama needs to drop what boehner called his m eed h or the highway approach. the fiscal cliff just 24 days away. >>> and a tragedy in pro football to tell you about. a dallas cowboys player has been killed and another has been arrested after an early morning car crash. cnn's mark makay joins me with the latest in a few minutes. >>> nelson mandela is in the hospital. but the country's president says the 94-year-old is doing well and there is no cause for alarm. mandela spent 27 years in prison for his battle against racial segregation and later became his nation's first black president. rob robin kernow has the report. >> reporter: jacob zuma announcements mandela is in the hospital for tests. the presidency issued a statement aiming to reassure the south african public. it says that mandela is well there is no need for concern and the medical attention he's receiving is consistent with his age. mandela is 94. now, the
an internet broadcast from the detention center over the weekend. >>> the effort to avoid the fiscal cliff comes down to two men, president obama and house speaker john boehner held a face to face meeting at the white house and more meetings are expected. the main sticking points remain, raising taxes and cuts to the entitlement programs. republicans are signaling a willingness to raise rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. >>> house republicans still oppose raising taxes under the top 2 person under many circumstances and democrats are skeptical about rushing through entitlement reform. they agreed not to discuss their talks but say the lines of communication remain open. >>> it's 5:20. it wasn't a pretty win but it was a win. kaepernick rebounding. >>> and call it one one of the worst free throws ever. >>> and what's cool about your school, you can nominate your school on our web site, and we may feature your school on our web site. come back, check it
'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that far apart? >> both sides want a deal. >> a matter of math. >> try to stay away from hypotheticals. >> it won't pass. >> discussions about unicorns. >> unicorns. >> they're imaginary beasts. >> magic beans. >> magic math. >> an enchanted universe. >> outrageous. >> the whole thing is going wacky. >> i would say we're nowhere. >> i don't envy the position the speaker is in. >> we're nowhere. ? you just m
cheer stops right there. as john boehner fights over the fiscal cliff with democrats and the president, he is cracking down now on some house conservatives that he thinks are a bit too free spirited. john boehner kicked two republicans off the house budget committee. he got rid of another two on the financial services committee. all four voted against the 2011 debt ceiling deal. the two on the budget committee voted against paul ryan's budget. the chairman of the budget committee. speaker boehner issued these punishments with the full support of the republican leadership including the majority leader eric cantor and majority whip kevin mccarthy. jonathan capehart, this is fascinating. i am interpreting this as a positive thing for president obama and the democrats in an attempt to at some point either before or after going off the cliff, reaching some kind of deal with boehner. what boehner's message seems to be to these conservatives willing to vote for something because it is not conservative enough. i need better team players if i'm going to walk back from the white house with a dea
progress in the fiscal cliff standoff. officials say president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle that more than 60 shots were fired and this is new. he was trussed in camo and wearing a mask and to the best of our knowledge, he is still in there somewhere. continuing breaking news coverage after this. ory keeps c. ory keeps c. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana n
with the fiscal cliff. this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here. >> it's time now to sit across the table from one another, rather than -- in the way they did with ronald reagan and the way you get things done in washington. >> the way they did with ronald reagan and get things done in washington. you sit together and figure it out. they were at a holiday party they didn't talk to each other. they're issuing sort of statements and rebuttals and saying i'm not going to budge. >> negotiation by press release. this is not how things get done in washington and part of the problem of the growing incivility in washington. people don't work together the way th
. that storm will bring rain to new england tomorrow. we have more now on those fiscal cliff talks today between president obama and house speaker john boehner. emily schmidt is in washington. >> reporter: it this been 23 days since president obama and house speaker john boehner met face to face to talk about how to avert it. that's until they met this afternoon. this was a surprise meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements, one from the white house, from one boehner's office. the wording here is identical, ening with this, the lines of communication remain open. the two men last spoke by phone on wednesday. ontry, mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting, just that for the first time in a while, the two sides are agreeing on something even if it's just the wording of their statements and keeping tight lipped about what was said. don? >> emily, thank you very much. >>> in today's meetings between president obama and speaker boehner, is it a sign we're clos
up next. >>> president obama, john boehner, if they reach a deal on the fiscal cliff, maybe it has nothing to do with politics. according to "snl," the president feels really, really bad for the speaker. a clip of that, pretty funny. straight ahead. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card wh
. president obama and john boehner met face-to-face at the white house to try to prevent the fiscal cliff. now just 23 days away. >>> the wording here is identical, ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday and on friday mr. boehner said the white house had wasted another week for potential compromise. we don't know what prompted this meeting just that for the first time in a while the two sides are agreeing on something even if it's just the wording of their statements and keeping tight-lipped about what was said. don? >> thank you very much. >>> in today's meetings between president obama and speaker boehner, is it a sign that we are close to a fiscal cliff deal? i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and that is whether the kind of agreement they can re
fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna genteel-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality start to set in on members of the republican party. republican senator jim demint of south carolina is leaving kplil capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage foundation made $1.1 million according to 2010 tax filings. demint will do just fine. it's not just about the money. the senator realizes he could be more effective for the conservative movement if he's not attached to the dysfunctional party known as the republican party. in a statement, demint said "i'm leaving th
speaker john boehner and republicans in a box on fiscal cliff negotiations. and the evidence is mounting. president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> the concerted effort from the white house is very clear. here's white house press secretary jay carney. >> what will produce a deal is an acknowledgement by republicans, republican leaders, that rates on the top 2%, the wealthiest americans, have to rise. there is no deal without that acknowledgement, and without a concrete, mathematically sound proposal
. >> just three weeks of to the fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house today to discuss a deal. the president and the speaker refused to discuss details about the meeting. some republicans and now putting increased pressure our party leaders to rethink opposition to tax hikes on the wealthy is taking get entitled meant cuts in return. many house republicans refused to support tax cuts under circumstances. the cresdemocrats have been settled out rushing through entitlement hewlett-packard is up 4%. the stock up to $14.35 at we have rumors floating that carl icon is buying up shares in the company. >> we will be watching closely. will be back at 915 with our financial analyst raw black. >> traffic backed up on this bug in morning 101 both about rep the 87 interchange. >> our financial analyst rober black will have more on wall street when we come back. p0jg welcome back the time is 8:09 a.m.. if you like to turn holiday shopping into a last minute marathon macy's is willing to help you out. the department store chain wi
sandy's cleanup in all states. the request comes in the midst of a tough fiscal cliff fight and house speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of california and doma out of new york. a federal court recently overturned prop 8 after the measure passed by voters. the court will decide if doma violates the fifth amendment of equal protection under the law that applies to same-section couples legally married in other states. >>> today is a very happy day for same-section couples in washington state. it is the first day they can marry under the new law, legalizing gay marriage. couples began lining up for licenses early thursday morning. some courthouses opened up at midnight for the ceremonies to take place. several local judges also donated their time to marry the couples. ceremonies are exp
spark when it came to negotiating a deal to avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case,
speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start receiving benefits, from 65 to 67. according to one study, that would save
. ? in washington, closed door meetings with the president and john boehner. >>> in the midwest, the fiscal cliff is the latest thing on people's minds as the first blizzard of the winter brings the region to a halt, highways closed and scores of flights canceled. that story is just ahead. >>> first, let's get to the news live at 5:30 here at "30 rock" in new york city. well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a gr
it carefully risk includes possible lossf principal. gerri: is the writing on the rall for the fiscal cliff gerri: we are dangling over the fiscal cliff. but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of that? >> the president has been very clear. he is hell-bent to raise taxes massively on those very wealthy folks made making over $250,000. bearer 80% of small businesses, in and exactly the time when we are depending on them to create two thirds of the new jobs in our country desperately needs. gerri: the republicans are in the way of a settlement. i want to hear what he said today. here is the president. >> we can probably solve this in a week. it is
party. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won. they're trying to eliminate the winner take all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today,
colbert. >>> the fiscal cliff. if it's down to the president and john boehner deciding this, what does a win look like for both sides? you're watching "hardball," the place for politics. >>> i'm julia boorstin with your cnbc market wrap. a new jobs report well-received on wall street as the dow closed up 81 points, the s&p gained 4, and the nasdaq slipped 11 points. >>> overall positive reaction to the 146,000 new jobs added in november. cynics warn though that the number doesn't tell all. >>> meantime, the nasdaq was dragged down by apple's 2% drop. apple stock formed the infamous death cross where the 50-day moving average falls below the 200 day. that's if for cnbc, first in business worldwide. now back to "hardball." >>> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> welcome back to "hardball." that was speaker boehner's downbeat assessment of fiscal negotiations. he went on putting blame squarely on the president. let's liste
is investigating this shooting. >>> continuing coverage now on the looming fiscal cliff. president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to hide or distort th
for congress and the president to forfeit their pay and health care benefits until the fiscal cliff crisis is resolved. the petition has gotten more than 11,000 signatures but 25,000 are needed to get a white house response. >>> president obama will have a private swearing in from justice john roberts on sunday, january 20th. the next day will be the official ceremony and the president's inauguration has decided to start accepting corporate and private donations this time to help play for the parade, the balls, all those other events. >>> west virginia senator joe manson upset about a new reality tv show. he has written a letter to mtv demanding it be canceled. some are calling it the "jersey shore" of appalacia. >> y'all want to swim? >> for young, free and wild. >> that's wild. okay. that's going to do it for your morning dish of scrambled politics. >>> the fedex kufl and the best and cheapest travel days of the years coming up. >>> plus, new details surrounding the death of one of the nurses where kate stayed in the hospital. you're watching "first look" on msnbc. [ male announcer ] it'
postscript. john boehner said a fiscal cliff deal is no closer now than it was a week ago. nancy pelosi called for more urgency. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat, but in many homes across america it's a very, very lean time. >> the goose is getting fat. this was the latest salvo in a week of ups and downs in negotiations as both sides engaged in a tug-of-war over tax rates and spending cuts. >> i was just flabbergasted and said you can't be serious? right now i would say we're nowhere. >> there shouldn't be anything offered in public. the president, speaker boehner in a room and nobody come out until it's solved. >> we have to see the rates on the top 2% go up, and we're not going to get a deal with it. >> the problem with the republican proposal is it does raise taxes. >> if they do not make this deal on tax rates for the top 2%, they're going away an
, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to
with the fiscal cliff giving investors a reason to be less than optimistic? joining me is john, and carl, senior economi for deutsche bank. gentlemen, thank you for being here. start with the treasury secretary. the man in charge of our treasury is out telling everyone that the administration he works for is a part of is perfectly prepared to go over the fiscal cliff in order to raise a tax rate to 39.6%. does that make any sense to you? are you shocked, surprised? >> well, i guess i'm not surprised given we're in the early stages of the discussion, but for the economists and forecasters out there calling this is the fiscal slope, not a cliff or believe it's worthwhile to go over the cliff, it's not the case. it is, without a doubt, a cliff. it's $600 billion. the economy cannot withstand that shock. it's slowing in anticipation. lou: $6 billion in taxes? >> spending reductions and tax increases. the economy can't handle that. without a doubt, head into recession if we're over the cliff. lou: now, are you in agreement? >> i am, carl's absolely right, nevertheless, the markets have effectively be
are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other of
at the white house to discuss how to resolve the fiscal cliff. >> few details were released about the meeting yesterday. >> if lawmakers fail to strike a deal before the end of the year, tax increases and spending cuts will go into effect. some analysts say could push the economy back into recession. >> the latest count finds the number of homeless people stayed about the sanctions in january of 2011 and january 2012. the house and other rebel the provinces a sluggish economy as some what countered affect the house the homeless that numbered being around 633,000 people. the percentage of homeless vets as well as those homes for more than a year each dropped by 7 percent. the obama administration has set a goal of eliminating homeless veterans and chronic homeless as by the end of 2015. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new
speaker john boehner and senate majority leader harry reid on the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation under control there, in your estimation, how would you say that's going so far? >> well predictability is very important. i think the first step is exactly what leader reid said. if we can get predictability on the taxable income below $250,000, everyone knows that's under current rates and also give us the additional revenue we need on that income above $250,000, it shows us that we are moving towards a balanced way to deal with the fiscal cliff. it would be an incredible lift, i think, to confidence in the markets. >> so with raising revenue
. it is glammy and overcast in washington today but everybody is looking for bright signs about the fiscal cliff. we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now are better. i think that's what's key. >> part of that tango is republicans cracking on tax rates. that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that pres
for his analysis on that. martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courtho
disapprove of how house speaker john boehner is handling the fiscal cliff talks. dennis: this as the speaker himself came out this morning saying there's a lot of work to do. rich edson is in washington d.c. bureau. what is the very latest? rich: in a republican congressman with knowledge of the talks as the two side are farther apart than they were last summer when debt talks between president obama and john boehner fell apart. republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving congress the week it needs to write, sell land pass any deal next week. aides say they are not close to a compromise. house majority leader eric cantor says republicans are prepared to work on th
on the fiscal cliff. president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of the things that we've got to realize here is that the more that this fight takes place in public, the less is being done behind closed doors, because everyone feels that they have to justify the public rhetoric. so i think that we have two silences going on. there's barack obama and john boehner working things out and the republicans realizing that they've got to find a way to negotiate. so silence is golden for christmas season. >> do you agree, ron bonjean? >> yes, i completely agree. i think that silence is best. and right now while they're figuring out how to put a deal together, i th
to averting the fiscal cliff. president obama telephoned house speaker john boehner tuesday afternoon.rnoo sources describe the exchange as tense. at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all
committee. i want to talk to you about the fiscal cliff. but, first, i want to talk about jim demint. >> sure. >> what is this say about the senate, about the ability of someone like jim demint, an avowed conservative, to accomplish what he wants to accomplish within that chamber, that he felt the need or saw the opportunity to step outside of the chamber? what does that say about the folk like yourself who are still within it? >> well, jim demint is going to continue to be a leader in this country for years to come. specifically on conservative issues. he's going to continue to push for ways to cut spending and to limit the size of government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to gett
to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday when i talked to jim demint on the phone, i expected to hear one thing. instead i
. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert the fiscal cliff, and most of it was based on testimony given last year by president clinton's former chief of staff erskine bolles. as he said on sunday, we have to cut spending. well, he is right. washington has a spending problem. let's be honest, we're broke, and the plan that we've offered is consistent with the president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. here's what we do know. we know that the president wants more stimul
his closed door session with john boehner that had speculations swirling as the fiscal cliff deadline draws near. the very latest from washington. hi, karen. >> good morning, rob, good morning, paula. aides to president and john boehner say they're not going to do the fiscal cliff negotiation through the media and they're doing a really good job on trying to keep a tight lid on how the negotiations are going. outside detroit, president obama issued a warning of what may happen if middle class tax rates go up. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cl
are back. talks continue on capitol hill to avoid the fiscal cliff. but where is it all going? house speaker john boehner went to the floor and spoke about his meeting with president obama for the first time. boehner and the president sat down over the weekend. boehner says the meeting was nice and cordial but went on to attack the president's offer on spending cuts. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> boehner and his far right caucus may find the offer unacceptable, but president obama has put a lot on the table. nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lo
to avoid the fiscal cliff. >> ho, ho, ho. i like the bells, too. let's ring some bells. >> president obama on thursday lit the national christmas tree or as fox news reported it, obama insults israel. >> what are reteaching in south korean schools? >> of course, he sang his gangnam style for his christmas in washington special. >> if you're dancing right now, doing this dance, stop. >> back to the electric slide. >> if brian were three to four feet taller. >> the leg is hard. >> i repeat, zero tax increases. now, why would i do that? i had the leverage. simply put, i felt sorry for this man. >> there are a lot of things that are possible, but none of it is going to be possible if the president insists on his position. >> they've taken by milk and thrown it in the garbage. >> how much juice does boehner have? back in the day you could really twist arms -- >> jumped out and pelted me with eggs, rotten eggs. >> he can be the speaker of a bloc of republicans working with democrats or he can be the speaker of the hard right. >> you get what you want. you leave this poor, orange man alone. >> a
lines are open. more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn
stories. >>> president obama and house speaker john boehner chatting by phone about the fiscal cliff. no details or word of progress or future talks with just 26 days remaining to get a deal done. another prominent republican is breaking ranks. tom coburn, a leading conservative and fiscal hawk saying he'd prefer raising taxes on the wealthy as a way to raise revenues. >>> a bitter turf war between twitter and instagram elle cl escalating. no one on twitter will be able to see the images posted on instagram. instagram's goal is getting people to post more photos on their site. >>> a man cannot have any more children until he shows proof that he can actually afford those children. 44-year-old corey curtis is charged with failure to support two of the nine children that he's fathered with six women. he owes $85,000 and says he is ready to abide by the judge's order. >> good idea. >> all right. the grammy nominations announced in style with a star-studded concert, jay z and kanye west were among the six artists tied for the most nominations, six apiece. the grammy awards ceremony, music
" next, john boehner says the president is slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot
to try to prevent the fiscal cliff now just 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer surgery but this time he is making sure a new leader is in place in case he doesn't return, and he named the vice president as his choice for a replacement in case something happens for him. the 58-year-old president is still scheduled to be sworn in for a new six-year-term on january 10th. >>> sad news for fans of music star jenni rivera. there doesn't appear to be any survivors. the plane lost contact with air traffic controllers early this morning. so far no cause has been given for that crash. >>> the national menorah in front of the white house was illuminated tonight marking the first day of hanukkah. and no hanukkah cele
and social security should be part of negotiations on fiscal cliff. we will talk with john larson on how house democrats take on the issue and stephen ola and christina martin and david john of the heritage foundation, on the long-term solvency of social security. "washington journal" is live every morning on c-span at 7:00 a.m. eastern. >> the white house was very controversial as most americans were. >> it was designed for appellate, but americans were having a pellets. it was not particularly awe-inspiring. a european diplomat told the congress that it was neither large or are of the awe-inspiring nature. to . >> "new york times" critic kitty goldberg gathered photographs in history on sunday evening at 730 eastern and pacific on c-span3 american history tv. >> president obama this evening said the u.s. now recognizes the main syrian opposition group as the legitimate representative of its country's people. turkish journalism has reported that the new america foundation. two men have returned from the country into the to the west can do more to help the syrian people. [inaudible conve
from that. buying a casino in atlantic city, we will see what happens. dennis: more fiscal cliff rhetoric from house speaker john boehner and president obama. when are they going to get serious? cheryl: look at live pictures of the original backmobile. we will have the designer and a man who will auction this baby off. dennis: look at today's s&p winners and losers. there is no mass-produced human. every human being is unique. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing being. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allowyou to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collectio individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized.
and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it mean to be recognized by the u.s.? "the u.s. administration has big influence globally" he told us. "a ste
need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe that the politically right thing to do right now is to cut that you
respondespo -- >> today, president obama and john boehner spoke by phone about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely. there is no agreement without those rates going up on the top 2%. and they all get a tax cut on the first $250,000 of their income. >> reporter: so wolf, it's a step forward that they're talking, but in essence, where we stand right now, it's still a stalemate. >> any indication that the vice president, secretary of treasury, others are talking with top people on capitol hill? meeting face to face and going through these items line by line? >> reporter: my understanding is that the white house is not going to start negotiating the details unt
critical republic who criticized house speaker john boehner over own party fiscal cliff honor says is he resigning. an important man, too. south carolina senator jim demint a key force behind the tea party movement. the founder of the tea party caucus in the senate and who predicted that the healthcare debate would be president obama's water loo. remember that? earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm
back and forth on how to avert that fiscal cliff. we are just 22 days before the deadline. president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44, cable 12, starting at 8:30 a.m. >> what are we supposed to do? we're supposed to swim upstream. we forgot about that. >> well, right now, no water to speak of in our skies. >> and probably a well-deserved break. as we have a look outside, it's going to be sunny and breezy. northwesterlies kick up, a dry direction, kind of chapped lips weather. feferlts, plenty of sunshine. temperatures are going to be in the mid-60s on average in the bay area, going to be nice. next chance of rain coming in on wednesday. >> we'll concentrate on the
the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worri
the immediate crisis in terms of the fiscal cliff. no matter what is true, no matter what he says, john boehner is going to have to sound like he's resistant and putting up a fight but at the end of the day he's going to have to make a deal that is going to go by those term. and then we're going to go on to the debt ceiling and if the republican party in the house crashes this economy and crashes the markets by refusing to extend the debt ceiling, the business community is going to go nuts. and, b, this will become the party of recession, tax rates for the top, hating social security, and hating medicare. that's a recipe for long-term political irrelevance. >> now, alicia, let me give you a news flash that came in. conservative blogger erick erickson is up with a petition to have john boehner fired. it says, quote, speaker boehner is undercutting conservative principles by putting forth a liberal compromise of raising taxes or closing loopholes on our nation's job creators. coupled with only $600 billion in spending cuts. this will hardly put a dent in our national debt and will likely put amer
. the negotiations to avoid falling off the fiscal cliff over the stand still, we're told. the house speaker john boehner says the white house has wasted another week. but the vice president says there is a quick fix to all of this if republicans would just agree to do one thing. plus the other winner of that record power ball jackpot has claimed the prize. but, well, the but is coming up as we approach the bottom of the hour and the top of the news from fox report. playing sports is just my whole life. looking back if it wasn't for shriners hospital, things would just be really, really different. i lost my leg when i was a kid. there was a time when i felt like i wasn't going to be able to walk again... it was a pretty bad accident but shriners showed me who i could be again. they turned my whole life around. hunter's life is one of nearly a million changed by donations from people like you. send your love to the rescue. donate today. >> shepard: they were all out shopping in seattle last night and all of a sudden chaos when an escalator went all haywire inside a macy's department store. somebod
boehner met to try to prevent the fiscal cliff, due to kick in on january 1st. the main sticking points remain raising taxings on the wealthy and cuts to entitlement programs like medicare. they are accepting that wealthy americans will get a tax hike. they have asked congress to work through the hold daybreak. >>> the federal reserve is expected to announce an expansion of the stimulus program this week. experts predict the fed will extend the program of buying $85 billion of securities each month into the new year the announcement is expected tomorrow or wednesday. >>> and a new service shows pay for college presidents continues its up ward climb. the chronicle of higher education studied data from 2010 and the median compensation rose about $400,000. that's up nearly 3%. for those of you about to go into college or starting college, may want to think of that for a career. pays pretty well. >> 400 grand, that works for me. >> no kidding that sounds good. thanks so much. >> see you guys. >>> it is 6:48, time to take a look at what's coming up a little bit later on cbs this morning. >>>
. >>> here is where we are on the fiscal cliff talks. we are less than three weeks now from the 1-2 punch of tax increases and government spending cuts and the two sides appear to be moving farther apart. here's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s unearthed some surprising new details here about the speaker's latest offer to the president. dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times, but the democrats at the white house felt that to
that could be just ahead. just beyond the storm clouds. the fiscal cliff is fixable. every day washington fails to make a deal, more damage is being done. john king, ken rogath is the former chief economist at the international monetary fund and diane swonk joins us from mezro financial. john, some people say don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done in an 11th hour deal. as you read the politics at play, what do you see? >> both sides digging in. you played the president saying, i want that rate hike. the republicans say we'll give you the revenues but not through a rate hike. the president believes he won the election and he upped the ante saying he wants twice as much in tax revenues than he wanted a year and a half ago. the president believes he has higher ground under this. i think maybe the democrats have a deeper trench, if you will. they have public opinion on their side. if you talk to people in washington there is a sense that at the last minute reason will prevail. there is a not a lot of optimism. you know this and my colleagues k
john boehner and representative pelosi on the fiscal cliff negotiations. >> we have had these explosions of knowledge in medicine, but we have not coordinated care and all of the services that we have end up having cracks that they are as harmful as the diseases that we are treating. you need to step back and ask -- are we hurting people overall on a global level? what are we doing sometimes? now we have the institute of medicine report to think. 30% of everything we do may not be necessary in healthcare? 30% of the medications that we describe? the procedures? this is something that is for the first time really being called out as a problem. >> dysfunction in the u.s. healthcare industry. dr. marty makary on his book " unaccountable." on c-span 2. >> it is estimated that it would cost -- [indiscernible] [bells ringing] >> i chose to honor both. the sacrifice of american servicemen fighting their way through the pacific and a little girl who died as a result of an atomic bombing. it is unimaginable what that must've been like to be close to the center where the fireball
at the white house to discuss how to resolve the fiscal cliff. few details were released about the meeting. if lawmakers fail to strike a deal before the end of the year automatic tax increases and spending cuts will go into effect. the one-on-one meeting was the first between the two leaders since election day. a member of the dallas cowboys is out on bond, after being charged in a crash deadly crash that killed a teammate over the weekend. defensive lineman josh brent was released on half a million dollars bond yesterday. authorities say he was speeding on saturday, when he hit a curb. the vehicle then flipped over and caught fire. cowboys linebacker jerry brown was killed. brent is charged with intoxication manslaughter. brent and brown formed a lasting friendship when they played together at the university of illinois. back in 2-thousand-9, brent also served a 60 day sentence for a d-u-i in champaign. investigators are looking into the cause of a plane crash that killed a mexican-american singer in northern mexico. jenni rivera and at least four- others were killed when their jet cr
the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter what. >> you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want a big spending cuts from programs like medicare and social security. >> we do not want to be here in another year or attend. >> on both sides of pennsylvania avenue, from main street to wall street, americans are waiting to see who will blink first. both are eager to wind down the crisis, but no one wants to walk away in defeat. , wbal-tv 11 news. >> an update on a former president in the hospital. >> former president george h. w. bush remained unstable condition for treatment of a bronchitis- related costs. and has been two weeks since he was admitted for treatment. th
about the future of labor? >>> but we begin with the latest on the fiscal cliff. republicans made another counteroffer but it's reportedly not much different from their first offer. though we don't have specifics, we do know the president and john boehner talked on the phone last night and that call, according to a republican familiar with it, was tense and lasted just 15 minutes. i want to bring in real clear politics reporter aaron mcpike and david hawkings, editor of the cq roll call daily briefing. good morning. so president obama sat down with barbara walters last night. here's what he said. >> most important thing we can do is make sure the middle class taxes do not go up on january 1st and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> so he's confident. is it almost a foregone conclusion, do you think, david, that this is going to be the first piece of the puzzle that falls into place? >> i'm pretty confident that that's going to have to be the first piece of the puzzle that falls i
a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house wants him to not just raise tax reve
you, guys. >> earlier this hour, you heard democratic senator mark warner's take on the fiscal cliff. now republican senator john barraso is coming up. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. halls of congress all day today as part of our mission critical coverage. this morning chairman kent conrad sat down with becky quick and jim cramer. let's hear what he had to say about reaching a deal. >> we are on the cusp of having the possibility of doing the big d
story. house speaker john boehner sent the president a new fiscal cliff counteroffer, we'll have more on that in a minute. and a change in the house plan, the house will come in at 6:30 eastern with one vote on what's called the journal, the record of the previous day's proceedings. members will not vote today as they had planned earlier on a motion to negotiate with the senate on the bill to set defense programs and policy for next year. and as the fiscal cliff negotiations continue we spoke earlier today with a capitol hill reporter. >> what was the purpose of speaker boehner's appearance to speak about the fiscal cliff? >> you saw each major congressional player give some sort of speech but i think anything happening of consequence is happening between speaker bayne around the president and it's happening in a closely guarded, off-camera, way, they're actually trying to negotiate a deal and the rule of washington is when a deal is being done, people don't talk about it. when a deal is collapse, you know because they're both shouting about what the other side is doing. you saw speak
of business. >>> here is what is passing for progress to avoid the fiscal cliff at year's end. president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of kill to the offices of both of their state's u.s. senators. security guard met them, at chambliss' office. a few were let inside without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. 2013. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." aimed at young people and features fo
on with the fiscal cliff negotiations and we heard from john boehner that he wants obamacare on the table. is this an opportunity for the president to acknowledge the fact that this bill is so unpopular, continues to be so unpopular and perhaps sit down and negotiate some positive changes to the health care law that everybody could be on board with? should this president take that opportunity right now? >> right now, no because it is adding too much complexity to a negotiation that is trying to get done between now and christmas. next year i think everything should be on the table, right? i think as we look to fashion the budget. rick: including obamacare? >> i think that if the republicans and president has said this repeatedly, if they can bring ideas to the table that will improve obamacare he will be open to it. so i think you will see everything on the table next year. but i think i want to be clear he is not backing away from the health care reform that he pushed so hard for because the old system wasn't working. we need a better health care system. remember, this year the past year
john baner is expected to speak at noon about negotiations on so-called fiscal cliff. he's been with the president and the speaker on the bargaining table. some republicans are continuing to push back against president obama's red line. tax increases for the most wealthy. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that would run the government for 11 days. you just got re-elected. how about doing something big that's not liberal. how about doing something big that really is about partisan. every big idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president. >> joining me is congressman chris van holland, a ranking member in the house committee. >> good to be with you. >> we're hearing there from lindsey graham his thoughts on fox news and this morning former governor haley barbour was on "morning joe" today and said he would support the higher taxes for the wealthy if -- >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a pe
vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to
the economy from going over the fiscal cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on the way to another when her small plane crashed. abc's larry jacobs as the story. ♪ >> reporter: bewilderment and sense of loss among jenni rivera's fans in the los angeles area following news of the singer's plane crash in mexico. >> i think pretty devastate ford a lot of people. >> reporter: the mexican-american singing superstar was traveling in a jet early sunday morning when co comptrollers lost contract. mexican official say they have found the wreckage but no survivors. >> right now it is confirmed the plane went down. the plane is totaled. it's, nobody inside survived. >> reporter:
, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis now charged with murder for allegedly pushing a man off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering their country illegally. he turned up in guatemala on tuesday after disappearing from his home in belize. police there want to question mcafee in connection with a murder, his neighbor's murder. he says
the fiscal cliff. after that, john podesta oh talks about tax laws. -- talks about tax laws. tomorrow morning's "washington journal does quote a representative peter welch talks about the fiscal cliff negotiations. -- " ashington journal" has representative peter welch talk about the fiscal cliff negotiations. after that, joseph schatz on estate tax. >> we are at the new york state museum. this is every gallery that is dedicated to the history of september 11 and the attacks on new york's world trade center. we have decided that this gallery could heltell the storyf the first moment of attack using objects found out the site. this is a he said steel from the south tower -- and this is a piece of from the south tower. because the visitor a real tangible experience. this is a piece of steel from the north tower. this is a germanic piece of steel. iece of steel.pic you can see where the windows would have been. every piece of steel is marked so you know which build theing, which floor. this one was picked because it was close to the impact. it has the chart numbers 71-74 from the time of constru
and house speaker john boehner met today at the white house to talk about ways to resolve the fiscal cliff. meanwhile, we have brand-new reaction from lawmakers from both sides of the aisle speaking out today with just weeks left to reach a deal and little reported progress. the fight appears to be moving towards spending cuts and more and more republicans seem to open to the call to raise taxes on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we 6 one house and that is it. a lot of people are putting forth a theory and i think it has merit where i go ahead and give the president the 2%, one speaker calls for an increase in revenues to 39.6 and the other things that the president hats called for. we have done trillion in cuts but we realize there will have to be other cuts and serious negotiations about that. we will have different views. my view and senator corker's views are different but we will have to find spending cuts. >> heather: brad blakeman is assistant to george w. bush and j
they caused in the phone call as the country barrels towards the fiscal cliff. with no talks and no progress to avert the looming fiscal cliff, you could say the house has left the building, streaming out of the capitol. tomorrow's session cancelled. with only three work days left this year, they are often criticized. just 16 votes. across the country, rising frustration, americans asking why the holdup. and what will their taxes look like in 2013. >> maybe instead of getting my sister two things, you give one thing, you have to give pause on what could happen next year. >> reporter: today, president obama and house republicans are locked in a politicalstair staredown. >> we can probably solve it in a week, it is not that tough, we need that breakthrough that says we need to do a balanced plan. >> although the president seems obsessed about raising taxes on you, we feel it is not the right direction to go. >> reporter: it comes down to a tug of war over taxes. the president's proposal, increasing rates on americans making more than $250,000, to raise 1.6 trillion over a decade. house speaker
our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's hotel ceo frits van paaschen who will join us on set. first, though, is that mcdonald's? >> yeah, mcdonald's blew expectations out of the water. this is the opposite 6 the report that we got last time. >> the exact opposite? >> yeah, the exact opposite. they beat on every level. in their global comps, they came up 2.4%. street was looking for down 0.1%. >> what? >> in the u.s. they were up 2.5% versus the down 0.8% that the street was expecting. in europe they were up by 1.4%. street was looking for up by 0.1%. and in asia pacific, middle east and africa they were up by 0.6% versus the drop of 0.4%. now, digging through this
to avoid the fiscal cliff. yesterday the president invited house speaker john boehner to the white house for their first face-to-face meeting in weeks. neither party releasing any details of what transpired in that meeting. reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargai
't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going over well with democrats and advocates for senior citizens. >> the option, for example, to raise the medicare age actually is bad policy and will increase costs, because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowers skyrocketing health care costs. in washington, danielle nottingham, cbs 5. >>> a hopeful sign for the economy, today is expected to be the biggest shipping day of the
hopeful but little progress was made. if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to entitlements. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going well for some democrats and advocates for senior citizens. >> the option to raise the medicare age is bad policy and will increase costs because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowering skyrocketing health care costs. danielle nottingham, cbs news, washington. >>> the official fiscal cliff deadline is december 31. but many on capitol hill say that an agreement is need
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